Renter Resources
Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
•10 min read
Viewing 1-2 of 2 rentals in 53122
What to Know About
Life in Elm Grove & Beyond
Elm Grove shares many of the great qualities that make Wisconsin a desirable place to live.
Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.
Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.
Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.
Rental Market Trends
Elm Grove, WI
As of August 2025, Elm Grove's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elm Grove's average rent is 38.5% ($557) higher than the Wisconsin average of $1,447 and 12.0% ($214) higher than the U.S. average of $1,790.
Average Rent
$2,004
Monthly ChangeMonth Over Month Change
2.6% ($54)
Yearly ChangeYear Over Year Change
17.7% ($301)
Avg. Days on MarketAverage Days on Market
37
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,500 | 20.9% ($397) | 31.9% ($363) |
| 2 Beds | $2,104 | 0.2% ($5) | 49.9% ($700) |
| 3 Beds | $2,578 | 0.8% ($21) | 44.6% ($795) |
| Nearby Cities | Average Rent | Avg. Rent vs. Elm GroveAverage Rent vs. Elm Grove | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Brookfield | $2,193 | 9.4% ($189) | 41 days |
| New Berlin | $1,603 | 20% ($401) | 36 days |
| Milwaukee | $1,510 | 24.7% ($494) | 31 days |
| Hales Corners | $1,326 | 33.8% ($678) | 32 days |
| Lannon | $1,784 | 11% ($220) | 41 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elm Grove Rental Market FAQs
Explore rental prices, market trends, and availability in Elm Grove, WI.
The average rent in Elm Grove, WI is $2,004 per month.
Homes in Elm Grove typically rent for between $1,050 and $3,351 per month, with an average of $2,004 per month.
In Elm Grove, the average rent for a 1-bedroom home is $1,500 per month, for a 2-bedroom home, $2,104 per month, and a 3-bedroom home is $2,578 per month.
The average rent in Elm Grove is 12% ($214) higher than the national average of $1,790 per month.
The average rent in Elm Grove has decreased by 2.6% ($54) in the last month and increased by 17.7% ($301) over the past year.
The rental market in Elm Grove, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Elm Grove, WI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Elm Grove, WI.
Based on the current averages, a household would need an annual income of $84,160 to comfortably afford a 2-bedroom home in Elm Grove.
